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UK Businesses For Sale

Gatwick might be up for sale in a potential break up of BAA.
06/05/2008

Gatwick is seen as a likely candidate for a sale, as the Competition Commission could decide, this summer, to break up Spanish-owned BAA. The Competition Commission believes that BAA's ownership of London's three biggest airports might not be in the public interest.

The sale is expected to be worth in the region of £2bn.

BAA currently runs Gatwick, Heathrow and Stansted airports near London, effectively monopolising the airports markets in the South East of England and in lowland Scotland, according to the Competition Commission.

Manchester Airports Group (MAG), the largest UK-owned airports operator, have expressed interest in purchasing Gatwick Airport.

The chief executive of MAG, Geoff Muirhead, has said he would consider buying the airport if current owner BAA sells Gatwick.

MAG owns Manchester, East Midlands, Bournemouth and Humberside airports, and is the second biggest operator in the UK after BAA.
Anite may sell off public services division
14 May 2008
Anite, the UK-based IT solutions company, is currently undergoing a strategic review of its public s...[more]
Net-a-Porter.com could be put on the market
12 May 2008
Natalie Massenet, founder of the online fashion retail business, Net-a-Porter.com, is thought to hav...[more]
Dynmark could be put on the market
09 May 2008
Mobile bulk messaging group, Dynmark, is undergoing a review of its business which may lead to a sa...[more]
Diageo may sell Guinness brewery site
09 May 2008
Diageo, drinks company, is to announce restructuring plans for its Irish Guinness business. This pla...[more]
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